$133,100
$124,900
6.6%For more information regarding the value of a property, please contact us for a free consultation.
5 Beds
3 Baths
2,363 SqFt
SOLD DATE : 05/07/2025
Key Details
Sold Price $133,100
Property Type Multi-Family
Sub Type Triplex
Listing Status Sold
Purchase Type For Sale
Square Footage 2,363 sqft
Price per Sqft $56
Subdivision L M Southerns Allotment
MLS Listing ID 5102845
Sold Date 05/07/25
Bedrooms 5
Full Baths 3
HOA Y/N No
Abv Grd Liv Area 2,363
Year Built 1910
Annual Tax Amount $719
Tax Year 2024
Lot Size 3,502 Sqft
Acres 0.0804
Property Sub-Type Triplex
Property Description
Calling all INVESTORS!! Check out this well-maintained 3-unit property. First floor unit is tenant occupied m2m for $750 and includes two bedrooms and one bath. Second floor unit is vacant and currently marketed for rent iat $900. This also includes two bedrooms and one bath. Third floor efficiency is tenant-occupied m2m for $475. Beautiful hardwood floors throughout with open kitchens that include GRANITE countertops. Large dining rooms with built in cabinets. Low-maintenance vinyl windows. 100-AMP electrical service with updated panels. Vinyl windows. unfinished basement is 1043 Sq ft. All mechanicals are in good working order. GMR should be $2100, well surpassing the 1% Rule. With an annual rental income of around $25,000, you should be able to get at least a 10-CAP.
Location
State OH
County Cuyahoga
Rooms
Basement Concrete, Unfinished
Interior
Heating Forced Air, Gas
Cooling None
Fireplace No
Laundry Washer Hookup, Electric Dryer Hookup
Exterior
Parking Features Concrete, Driveway, No Garage
Water Access Desc Public
Roof Type Asphalt
Private Pool No
Building
Foundation Block
Sewer Public Sewer
Water Public
Level or Stories Three Or More
Schools
School District Cleveland Municipal - 1809
Others
Tax ID 111-02-078
Acceptable Financing Cash, Conventional, 1031 Exchange
Listing Terms Cash, Conventional, 1031 Exchange
Financing Conventional
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Bought with Seth B Task • Berkshire Hathaway HomeServices Professional Realty
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "